Management accounts is not just simply a profit and loss print out from your accounting system, or Sage, etc. Apart from the necessary analysis to demonstrate how and where you spend the money or make the profit, it should be a tool for monitoring and accessing the financial and business performance and vulnerability. It is also a mechanism for you to work with your colleagues to improve on weaknesses and capitalise on strengths.

The information as released in the management accounts has to be comprehensive but precise and straight to the point without producing too much unnecessary information.

This spreadsheet, in both Excel and Lotus 123 formats, gives you reference points in how to present your management accounts to your management. It also provides you hints on how to synchronise your management accounts with budgets and nominal ledgers, etc. It is a powerful tool for your empowerment in your career.

(After making payment for the above, you will be emailed details of how to download this product.)